"Thank you for doing this Conan, and giving our families some time off," Wilson said, noting that Hanks has hosted the bash for some five years.

Conan admitted he was hesitant to host anything in the last year after his NBC disaster, but was persuaded by Hanks and Wilson to take the gig. (Click here or click the pic for more photos from the event.)

More persuasion had been required when previously announced singer Rihanna, slated to perform five songs at the bash, dropped out due to the flu. "Forget You" singer Cee Lo Green stepped up at the last minute for a few numbers at the Beverly Wilshire Hotel.

Honorees included Annette Bening, nabbing the organization'sNat King Cole Award, and comedian Martin Short, who took the courage award on behalf of his wife Nancy Dolman, who died in August.

In a collected but touching speech, he commended Nancy for her optimism and unending love.

"As my hilarious wife always said, 'It is better to have loved a Short than never to have loved a Tall.'"